For more information about this report please refer to the Market Bias Informant page
Trading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Consolidation around Y-1. In waiting mode for ECB's actions this coming week. Closed the week above Y-1 and midpoint.
Outlook
All week bear flag near Y-1 is bearish. Consolidation ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
GBPUSD Oct 28 to Nov 01 Outlook
Lawrence’s Comment
The quiet pair of the majors last week. Consolidated around Y+1 / previous week close at 50% week range. Closed the week below Y+1 and midpoint.
Outlook
Y-0 retest likely. Tagging B-2 also likely.
Only if a breakout of B+1 will give us a potential run to B+3.
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